Russell Investments Group Ltd. Sells 51,076 Shares of Intrawest Resorts Holdings, Inc. (SNOW)

Russell Investments Group Ltd. cut its position in Intrawest Resorts Holdings, Inc. (NYSE:SNOW) by 88.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,865 shares of the company’s stock after selling 51,076 shares during the period. Russell Investments Group Ltd.’s holdings in Intrawest Resorts Holdings were worth $172,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in SNOW. State of New Jersey Common Pension Fund D increased its position in shares of Intrawest Resorts Holdings by 12.5% in the first quarter. State of New Jersey Common Pension Fund D now owns 45,000 shares of the company’s stock worth $1,125,000 after buying an additional 5,000 shares in the last quarter. State Street Corp increased its position in shares of Intrawest Resorts Holdings by 3.1% in the fourth quarter. State Street Corp now owns 323,725 shares of the company’s stock worth $5,781,000 after buying an additional 9,624 shares in the last quarter. Teachers Advisors LLC increased its position in shares of Intrawest Resorts Holdings by 43.9% in the fourth quarter. Teachers Advisors LLC now owns 57,444 shares of the company’s stock worth $1,025,000 after buying an additional 17,523 shares in the last quarter. AQR Capital Management LLC increased its position in shares of Intrawest Resorts Holdings by 241.0% in the fourth quarter. AQR Capital Management LLC now owns 34,515 shares of the company’s stock worth $616,000 after buying an additional 24,394 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its position in shares of Intrawest Resorts Holdings by 6.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 672,115 shares of the company’s stock worth $11,998,000 after buying an additional 41,222 shares in the last quarter. Institutional investors and hedge funds own 96.87% of the company’s stock.

Shares of Intrawest Resorts Holdings, Inc. (SNOW) opened at 23.71 on Friday. The company has a 50-day moving average price of $23.61 and a 200-day moving average price of $22.45. The stock has a market cap of $944.18 million, a price-to-earnings ratio of 28.26 and a beta of 1.09. Intrawest Resorts Holdings, Inc. has a 12 month low of $12.80 and a 12 month high of $25.78.

Intrawest Resorts Holdings (NYSE:SNOW) last announced its earnings results on Thursday, May 4th. The company reported $3.80 earnings per share for the quarter, beating the consensus estimate of $3.74 by $0.06. Intrawest Resorts Holdings had a return on equity of 13.38% and a net margin of 5.64%. The company had revenue of $334.89 million for the quarter, compared to the consensus estimate of $321.24 million. During the same period last year, the business posted $4.08 EPS. The company’s revenue was up 6.1% on a year-over-year basis. On average, analysts expect that Intrawest Resorts Holdings, Inc. will post $0.94 EPS for the current fiscal year.

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A number of equities research analysts have recently weighed in on SNOW shares. Zacks Investment Research lowered Intrawest Resorts Holdings from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 6th. Macquarie lowered Intrawest Resorts Holdings from an “outperform” rating to a “neutral” rating in a research note on Monday, April 10th.

Intrawest Resorts Holdings Company Profile

Intrawest Resorts Holdings, Inc is a mountain resort, adventure and real estate company. The Company operates through three segments: Mountain, Adventure and Real Estate. Its Mountain segment includes its mountain resort and lodging operations at Steamboat Ski & Resort (Steamboat) and Winter Park Resort (Winter Park); Stratton Mountain Resort (Stratton); Snowshoe Mountain Resort (Snowshoe); Mont Tremblant Resort (Tremblant), and Blue Mountain Ski Resort (Blue Mountain).

Institutional Ownership by Quarter for Intrawest Resorts Holdings (NYSE:SNOW)

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